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Can a trading account be linked to more than one trading platform?


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Can a trading account be linked to more than one trading platform?

  #11 (permalink)
 
xplorer's Avatar
 xplorer 
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DowHowTrader View Post
Hey,

I am using for my trading AgenaTrader. There I can connect to 5 Brokers simultaneously. I hope this anwer will help too.

Markus

Thank you. I think I've got my quota @Big Mike please would you close the thread?

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  #12 (permalink)
 
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steve2222 View Post
@mattz from Optimus Futures maybe able to add to this discussion as I know Matt suggested to me at one time that I might possibly be able to feed TTnet into SierraChart and while at the sametime accessing X-Trader (TT's own s/w) I believe, so that I could see my live account balance (as TTnet does not provide real time account balances). I have also seen suggestions of using CQG feed into say SierraChart (or MultiChart) and then using CQG Mobile for disaster mitigation (eg if your PC crashes mid trade).

Thanks Steve! Yes, you can have multiple interfaces used if you use the same API.
Hence, TT over SC, would allow you to also see TT on TT platform.
Essentially, it is the same account.

However, I think @xplorer is trying to avoid a margin situation by opening a position on a different platform(?)
This is not going to work...you are tied up to the same account.
Margin wise, the exchange and FCM see one account regardless of the quantity of interfaces.

I hope I understood and answered the question.

Matt Z
Optimus Futures

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mattz View Post

I hope I understood and answered the question.

Matt Z

You did and you have!

Thanks matt

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 GFIs1 
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mattz View Post
Margin wise, the exchange and FCM see one account regardless of the quantity of interfaces.
Matt Z
Optimus Futures

Very true!
The good thing about many interfaces parallel on the same one account is to have some automated
system triggering trades. You can watch and survey them via different API like having a webtrader
to see what is happening. If something should be done above you can buy in more contracts manually or
stop the whole position manually.
Of course the margin is controlled only on the broker side which protects you from disaster such a
multi access could create. Think of having multiple people working on the same account...
Plus an automated system...

GFIs1

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